Keith WestonNPR Digital Services RSS Generator 0.94In-depth focus on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. The only national daily business news program originating from the West Coast, Marketplace is noted for its timely, relevant and accessible coverage of business, economics and personal finance. NPR Digital Services RSS Generator 0.94MarketplaceWed, 07 Dec 2016 05:37:10 +0000Marketplacehttp://wunc.org
Kai RyssdalSome of the most expensive real estate in New York City — and the world, in general — has always found a home at Fifth Avenue, where a square foot can go for $3,200. Add a roster of high profile executives, politicians and cabinet picks visiting Trump Tower regularly, and that brings a continuous stream of pedestrian activity. And, of course, much more law enforcement and security for the President-elect. Some are keen on making the best of that situation. According to Politico, Douglas Elliman, New York City real estate agent, is now advertising a 1,000-square-foot condo in Trump Tower worth $1.2 million. He's using the following in an email blast: "Fifth Avenue Buyers Interested in Secret Service Protection? The Best Value in the Most Secure Building in Manhattan. The New Amenity — The United States Secret Service." According to New York Mayor Bill De Blasio and several reports, providing security for Trump Tower can cost the city between $500,000 to $1 million. And with PresidentThe Secret Service is Fifth Avenue's hottest new amenityhttp://wunc.org/post/secret-service-fifth-avenues-hottest-new-amenity
90636 as http://wunc.orgTue, 06 Dec 2016 16:56:52 +0000The Secret Service is Fifth Avenue's hottest new amenityKai Ryssdal and Bridget BodnarMore than 100 years ago, a group of women started recording constellations using magnifying glasses and glass photographic plates. Half a million plates later, the images captured continue to provide a reference for how space has evolved over time. “Some of those plates have as many as 50,000 stars on them,” said Dava Sobel, the author of “Glass Universe,” a new book about these early female astronomers. “The detail, the tedium of it — but the excitement of it because they were making bonafide discoveries.” Sobel, a former New York Times science reporter and the author of several books about astronomy, joined us to talk about how the project began. Her answers were edited for brevity and clarity. Edward Pickering and Anna Draper — who were they? Edward Pickering was the director of the Harvard College Observatory and Anna Draper was a New York heiress, the wife of doctor Henry Draper and she was also his partner in his amateur astronomy pursuits. And she gives a gift that sort of setsThe legacy of early female astronomershttp://wunc.org/post/legacy-early-female-astronomers
90637 as http://wunc.orgTue, 06 Dec 2016 16:12:06 +0000The legacy of early female astronomersAdam AllingtonOn the campaign trail, President-elect Donald Trump promised an "America First" policy. And he made jobs and the economy a major plank of his platform. How's that going to play out in terms of foreign policy in his administration? As President-elect Trump decides on a nominee for the job of Secretary of State, we look at how that economic focus could affect the job For new Secretary of State, it’s not just politicshttp://wunc.org/post/new-secretary-state-it-s-not-just-politics
90638 as http://wunc.orgTue, 06 Dec 2016 15:43:11 +0000For new Secretary of State, it’s not just politicsAnnie BaxterIt happens every time there's turnover in Washington: industries are trying to figure out how they will fare under President-elect Donald Trump's administration. The tech industry has a lot to win or lose depending on how Trump positions himself on topics like net neutrality and self-driving vehicles, so perhaps no surprise that Google has a job posting for a manager of "conservative outreach." What kind of issues might tech companies like Google focus lobbying efforts around? Wanted: tech exec for “conservative outreach”http://wunc.org/post/wanted-tech-exec-conservative-outreach
90639 as http://wunc.orgTue, 06 Dec 2016 15:29:14 +0000Wanted: tech exec for “conservative outreach”Sabri Ben-AchourMany economists — and Americans generally — have paused recently to consider what a Chinese-U.S. relationship would look like during the Trump years. The president-elect has waved the threat of severe tariffs, for example. Diplomatically, Trump appears to be taking a tough line with Beijing, but the Chinese and American economies are connected on a great many levels. The ties that bind: the U.S. and Chinese economieshttp://wunc.org/post/ties-bind-us-and-chinese-economies
90640 as http://wunc.orgTue, 06 Dec 2016 15:22:28 +0000The ties that bind: the U.S. and Chinese economiesSally HershipsVirgin Atlantic has announced it's put an option on ten supersonic airplanes. Option because the planes don't exist yet. Boom, a Colorado based company say it's working on them and they'll be ready for testing — next year. But the market for speed is a small one. And analysts say it could cost billions to design and build a new kind of plane. Are we on the verge of supersonic travel again?http://wunc.org/post/are-we-verge-supersonic-travel-again
90641 as http://wunc.orgTue, 06 Dec 2016 15:17:05 +0000Are we on the verge of supersonic travel again?Kai Ryssdal and Bridget BodnarThe Bureau of Labor Statistics releases what they call the "employment situation summary" on the first Friday of every month. In that summary is the most recent unemployment rate. The BLS's most recent release announced that unemployment was down to 4.6% — the lowest it's been in nine years. But that number doesn't tell us everything about what it's like to have a job in this country and how work shapes our worldview. That's the subject of a new series from The Atlantic called "Inside Jobs." Adrienne Green was an editor of the series, along with Bourree Lam. After talking to funeral directors and school lunch servers, investment bankers and python wranglers, Green says she's learned that "we can make a life that has nothing to do with our jobs or it can be everything and it can be just as fulfilling." Click the audio player above to hear the full interview. What 100 different jobs tell us about why we workhttp://wunc.org/post/what-100-different-jobs-tell-us-about-why-we-work
90642 as http://wunc.orgTue, 06 Dec 2016 15:02:40 +0000What 100 different jobs tell us about why we workKai Ryssdal and Bridget BodnarWe're doing something a little different with the Corner Office podcast this week and sharing interviews with three small business owners, all located in Los Angeles. You're about to hear from a married couple who had a dream to open an ice cream shop, the CEO of a small manufacturing company making doors and windows, and the woman who returned to her hometown to start a tire recycling facility. This episode was also produced by Daisy Palacios and Robert Garrova. Subscribe to the Corner Office podcast on iTunes. Inside three very different small businesses in Los Angeleshttp://wunc.org/post/inside-three-very-different-small-businesses-los-angeles
90643 as http://wunc.orgTue, 06 Dec 2016 13:47:55 +0000Inside three very different small businesses in Los AngelesMarketplaceWe start the show with, yes, a bit about Boeing, Air Force One and governing by tweet. Plus, as tweets come out of Trump Tower, Secretary of State candidates are still filing in. We'll talk about the economic portfolio of the nation's top diplomat, plus our relationship with China. Plus, what 100 different jobs tell us about why we work. Marketplace for Tuesday, December 6, 2016http://wunc.org/post/marketplace-tuesday-december-6-2016
90626 as http://wunc.orgTue, 06 Dec 2016 13:07:12 +0000Marketplace for Tuesday, December 6, 2016Kai Ryssdal and Andrea SeabrookDonald Trump says the U.S. is paying too much for its Air Force One program. Kai and Andrea talk with Gregory Sanders of the Center for Strategic and International Studies about what makes Air Force One so expensive and what Trump's tweets may tell us about his views on defense spending. Trump vs. Boeing and the real cost of Air Force Onehttp://wunc.org/post/trump-vs-boeing-and-real-cost-air-force-one
90644 as http://wunc.orgTue, 06 Dec 2016 11:50:28 +0000Trump vs. Boeing and the real cost of Air Force OneDavid BrancaccioOn today's show, we'll talk about Trump's call for the government to cancel a Boeing contract for a new Air Force One plane; division among Republicans over Trump's 35 percent tariff plan; and the future of trade between Mexico and the U.S. Trump's calls for an end to Boeing's Air Force One contracthttp://wunc.org/post/trumps-calls-end-boeings-air-force-one-contract
90607 as http://wunc.orgTue, 06 Dec 2016 11:39:51 +0000Trump's calls for an end to Boeing's Air Force One contractD GorensteinA measure to fund billions of dollars in medical aid and research moves to the Senate this week, after flying through the House last week. It pours billions of dollars into the so-called “Cancer Moonshot,” funding to combat the opioid addiction crisis, and many other areas of critical biomedical research. And while it is enjoying a rare moment of broad bipartisan support, some critics warn that parts of the bill give pharmaceutical and medical device companies a sweetheart deal. Click the above audio player to hear the full story. Medical research funding bill flying through Congresshttp://wunc.org/post/medical-research-funding-bill-flying-through-congress
90608 as http://wunc.orgTue, 06 Dec 2016 07:29:01 +0000Medical research funding bill flying through CongressAndy UhlerDonald Trump promised big changes in America's trade policy, and as president-elect he's busy tweeting about it. Over the weekend, he warned that companies that move production out of the United States could face a 35 percent fine on things they sell here. But now some Republican leaders are suggesting they might not be on board with this approach. It represents a distinct split within the Republican party. Representative Kevin McCarthy, a Republican from California, reacted to Trump's tweet by telling reporters he "didn't want to get into some kind of trade war." Click the above audio player to hear the full story. Trump's stance on tariffs divides Republicanshttp://wunc.org/post/trumps-stance-tariffs-divides-republicans
90609 as http://wunc.orgTue, 06 Dec 2016 06:48:21 +0000Trump's stance on tariffs divides RepublicansLorne MatalonMexicans are anxious about the future of the North American Free Trade Act, and how the incoming administration of U.S. President-elect Donald Trump may seek to change or even withdraw from the agreement. Mexican officials are now speaking with Asian nations about how trade between Mexico and Asia might change in a post-NAFTA era. Mexican analysts expressed concern that new investment may slow down due to uncertainty about the agreement. "It's the chilling effect on investment," said Federico Estévez, a political scientist at Instituto Tecnologico Autonomo de Mexico, a leading Mexican university. "We've basically turned into an industrial economy on the basis of NAFTA." NAFTA took effect Jan. 1 1994, aiming to remove many tariffs and integrate major sectors of the economies of Canada, the U.S. and Mexico. "It's going to have to be Mexico first, more self-reliant," Estévez said. He said Trump's victory is prompting some in Mexico, particularly on the left, to double down on their ownMexico ponders the future of trade with the U.S.http://wunc.org/post/mexico-ponders-future-trade-us
90594 as http://wunc.orgTue, 06 Dec 2016 06:45:56 +0000Mexico ponders the future of trade with the U.S.Adam AllingtonThe web retailer Amazon has just launched something sure to draw the attention of shoppers — a cashier-free grocery store. It’s called “Amazon Go,” and the big idea is that shoppers can just grab the items they want and leave. Kind of like Uber for grocery shopping. Analysts believe the concept has the potential to change the face of retail. Click the above audio player to hear the full story. No cashiers, no lines – Amazon debuts its new grocery storehttp://wunc.org/post/no-cashiers-no-lines-amazon-debuts-its-new-grocery-store
90595 as http://wunc.orgTue, 06 Dec 2016 05:38:09 +0000No cashiers, no lines – Amazon debuts its new grocery storeMarketplaceOn today's show, we'll discuss how the Republican leadership feels about Trump's proposal for a 35 percent tariff; the president-elect's relationship with corporate America; and news that Lego's CEO has decided to step down. Marketplace Morning Report for Tuesday, December 6, 2016http://wunc.org/post/marketplace-morning-report-tuesday-december-6-2016
90596 as http://wunc.orgTue, 06 Dec 2016 05:37:22 +0000Marketplace Morning Report for Tuesday, December 6, 2016MarketplaceOn today's show, we'll talk about Amazon's new cashier-free grocery store; Uber's purchase of Geometric Intelligence, a company with a multidisciplinary approach to artificial intelligence; and the European Commission's reminder to companies like Facebook and Twitter that they agreed to curb hate speech on their platforms. Marketplace Tech for Tuesday, December 6, 2016http://wunc.org/post/marketplace-tech-tuesday-december-6-2016
90597 as http://wunc.orgTue, 06 Dec 2016 05:00:00 +0000Marketplace Tech for Tuesday, December 6, 2016Marketplace staffAverage daily spending ticked up slightly last month, according to Gallup. Throughout the month, surveyors asked Americans how much they spent yesterday, excluding bills and major purchases. Courtesy:Gallup Courtesy:Gallup Chart of the day: Consumer spending is uphttp://wunc.org/post/chart-day-consumer-spending
90572 as http://wunc.orgMon, 05 Dec 2016 18:01:07 +0000Chart of the day: Consumer spending is upKai RyssdalThe Italian Prime Minister Matteo Renzi resigned today after losing a referendum on government control of the country’s economy yesterday. About 60 percent of Italians voted against a plan for constitutional reform favored by Renzi. The results of the vote has put Europe's third-largest economy into a period of major political and financial uncertainty. Marketplace's Stephen Beard joined us to talk about the results of the vote. On the effects of the referendum vote: This referendum result coupled with the vote for Brexit, and in fact Donald Trump's victory, too, are invigorating anti-establishment opposition parties like the Five Star movement; but also in France, in the Netherlands, and in Germany which all have general elections next year, so further electoral upsets are expected. This is reviving doubts about the survival of the euro, and the European Union itself. Click the audio player above to hear the full interview. Italian Prime Minister Matteo Renzi resignshttp://wunc.org/post/italian-prime-minister-matteo-renzi-resigns
90573 as http://wunc.orgMon, 05 Dec 2016 17:46:14 +0000Italian Prime Minister Matteo Renzi resignsKai RyssdalEven though President-elect Donald Trump pushed Carrier to prevent 1,000 jobs from being exported from their plant in Indianapolis, it's likely that their parent company, United Technologies, may still move jobs to Mexico. Now, according to the latest from Bloomberg, Carrier says its going to raise commercial and residential prices by as much as 5 percent next year. The company says the decision's not related to the $7 million it got in incentives last week. Carrier to raise commercial priceshttp://wunc.org/post/carrier-raise-commercial-prices
90574 as http://wunc.orgMon, 05 Dec 2016 17:15:29 +0000Carrier to raise commercial prices